iRocket to go public via a SPAC with BPGC Acquisition Corp. in a $400m deal.

iRocket, an aerospace company engaged in manufacturing reusable rockets and solid rocket motors for interceptors, to go public via a SPAC with BPGC Acquisition Corp., a special purpose acquisition company, in a $400m deal. “We exist to serve a bigger mission than just putting payloads in orbit. This partnership with BPGC Management LP and Wilbur Ross reflects a shared vision to advance global space access and accelerate innovation in launch technology. Our reusable, high-performance vehicles are built to reduce cost per mission, increase launch cadence, responsiveness, and strengthen critical capabilities for allies and strategic partners around the world," Asad Malik, iRocket CEO.